Jumbo financing for higher-priced Las Vegas homes.
When your loan amount goes above the conforming limit for Clark County, the guidelines change. I'll help you understand what a jumbo loan takes and build your file around your full financial picture.
Jumbo at a glance
- Requirements laid out up front
- Self-employed, bonus and investment income reviewed
- One point of contact from pre-approval to closing
Secure application through NOVA Home Loans
Bigger loan, more details to get right.
A jumbo loan is a mortgage above the conforming loan limit for the county where you're buying. These loans usually come with their own requirements for credit, reserves, down payment, and documentation.
Higher-priced homes in areas like Summerlin, The Ridges, Southern Highlands, MacDonald Highlands, and Lake Las Vegas often land in jumbo territory. Business owners, self-employed buyers, and people with bonus or investment income can qualify too. It just takes the right preparation.
I'll lay out the requirements up front, help you gather the right documents, and keep things on track once you're under contract.
What to expect with a jumbo loan.
Clear requirements
Reserve, down payment, and documentation requirements are laid out up front so you know what to expect.
Complex income welcome
Self-employment, bonus income, and investment income are reviewed program by program.
Bank statement options
Some programs can qualify self-employed borrowers using bank statements. Ask me if this fits you.
Personal attention
One point of contact who knows your file from pre-approval through closing.
You're likely in jumbo territory if
- Your loan amount is above the conforming limit for Clark County
- You're buying in Summerlin, Henderson, or another higher-priced area
- You're self-employed with strong but complex income
- A big part of your income is bonus or investment income
- You're moving up from your current home
- Another lender said your file was too complicated
How we get it done.
I'll tell you what's needed and keep you updated along the way.
Talk it through
A short call about your goals, your timeline, and your numbers. No application needed for that first conversation.
Get pre-approved
I review your income, credit, and assets so you know your real price range before you start shopping.
Lock and underwrite
Once you're under contract, we lock your rate and I keep your file moving through underwriting.
Close
You sign, get your keys, and still have me to call if questions come up after closing.
Rooted in Las Vegas, licensed in nine states.
I help homebuyers and homeowners throughout the Las Vegas valley, from Summerlin and Centennial Hills to Henderson, Green Valley, North Las Vegas, Enterprise, and Spring Valley, and out to Pahrump. My office is at 5516 S. Fort Apache Rd., Suite 120, in southwest Las Vegas.
Where Mark can help
Mark works out of NOVA Home Loans' southwest Las Vegas office and is licensed to originate loans in Nevada, Arizona, California, Colorado, North Carolina, Oregon, Pennsylvania, Texas, and Washington. Program availability varies by state. Verify licensing at NMLS Consumer Access (NMLS #351484).
Jumbo loan questions.
Straight answers to what borrowers ask most. Don't see yours? Just ask.
How much do I need for a down payment on a jumbo?
Are jumbo rates always higher than conforming?
I'm self-employed. Can I still qualify?
What's the conforming limit in Clark County?
What areas do you serve?
Mark Sangster, Senior Loan Officer, NMLS #351484. NOVA Financial & Investment Corporation, DBA NOVA Home Loans, NMLS #3087. 5516 S. Fort Apache Rd., Suite 120, Las Vegas, NV 89148. Office (702) 463-6682. Verify licensing at www.nmlsconsumeraccess.org. This is not a commitment to lend. All loans are subject to credit approval, income and asset verification, property appraisal, and program guidelines. Programs, rates, terms, and availability are subject to change without notice. Equal Housing Opportunity.
Let's talk through your jumbo loan.
Send me the property, the loan amount, and a rough picture of your income and assets. I'll walk you through the options that fit.